Operational risk
Cutting edge: Modelling the correlation function in the crude-oil futures market
Energy market participants often require the computation of coefficients of correlation in a multi-asset portfolio. Addressing crude oil futures contracts, Ehud Ronn proposes and implements a simple procedure to reduce the cross-maturity correlations in…
Profile: Brett Humphreys
In the last interview in the Profile series celebrating Energy Risk’s 15th anniversary, Brett Humphreys talks to Rachel Morison about how risk management has evolved
Energy Risk Environmental Rankings 2009
Energy Risk carried out its second annual Environmental Rankings survey this year in which respondents voted for their preferred players in emissions & renewables markets. Katie Holliday analyses the results and talks to market participants about their…
Oil ETF/commodities indexes
Investment in oil-based commodities indexes and ETFs has grown this year, but how will potential regulatory changes impact their development? Katie Holliday looks at what products are being offered and to what extent regulatory uncertainty is impacting…
Oil project economics
As oil companies look beyond current concerns over credit and costs, Pauline McCallion finds out how project economics are changing future plans
Oil price outlook 2010
Oil prices – which have been rangebound between $65–75 per barrel for most of the second half of the year, averaging just under $61/bbl for 2009 – are forecast to average more than $15 higher next year on expectations of a steady recovery in the global…
January launch for UK power market N2EX
The launch of the UK’s first liquid forward market, N2EX, aims to harness liquidity from the rest of Europe and allow smaller traders to more easily participate. Rachel Morison reports
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
BarCap launches LNG services with Excelerate deal
Barclays Capital today launched a liquefied natural gas (LNG) services offering with a new agreement to market Excelerate Energy’s LNG cargoes in the northeast US market.
Power sector concerned about regulatory overlap
Power sector trade bodies yesterday criticised proposals for regulation of over-the-counter derivatives, saying it would duplicate current Federal Energy Regulatory Commission (Ferc) oversight of the US power market.
Energy Risk's 2009 awards video
Energy Risk held its 2009 awards in June this year. The evening was also a celebration of the magazine's 15th anniversary.
New Indian Commodity Exchange to go live within a week
India's fourth national commodity exchange, the Indian Commodity Exchange (ICEX), is set to go live in less than a week's time, Reuters have reported
Iberian exchange OMIP strengthens European presence
The Iberian power market derivatives exchange, Operador de Mercado Ibérico de Energía (OMIP), has signed a deal with software vendor Trayport as part of its continued expansion within the European energy markets.
EEX wins primary auction contract for German EUAs
The European Energy Exchange (EEX) will run the primary auction for European emission allowances (EUAs) in Germany on behalf of the German Federal Ministry for the Environment starting in January 2010.
CCX launches new offset contract
The Chicago Climate Exchange (CCX) announced details of two new contracts on Friday, covering certain types of US offset and direct emission cuts taken in the US.
Ice to launch ASCI contracts
IntercontinentalExchange (Ice) has introduced more than 40 new over-the-counter cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products, including two contracts based on the Argus Sour Crude Index (ASCI…
US power market exchange expands offering
Nodal Exchange and clearing house LCH.Clearnet have extended expiries on 144 peak and off-peak contracts available on the exchange to include current month plus 48 months forward.
APX launches carbon credit tracking service
A newly launched service will allow project developers, buyers and sellers of carbon offset credits and forwards to track documents and contract information.
Energy Risk Trading & Derivatives Conference 2009
Energy experts from around the globe gathered in London in October for the Energy Risk Europe Trading & Derivatives conference to network and debate the most pertinent issues of the day. Katie Holliday delivers some highlights